Desjardins Investments Inc. (DI), manager of the Desjardins Funds, announced on April 20 that it decided to close the Desjardins Global Bond Fund.
DI stated that it “is continually improving its product offering to ensure it meets investors' needs and is adapted to financial market realities. Considering the low net asset value and limited number of unitholders, the manager has decided to close the Desjardins Global Bond Fund.”
Desjardins Global Bond Fund will be closed on or about June 21, 2022. Starting April 21, 2022, DI will suspend any additional investment in the Fund's units at issue.
